TILL vs. BWET

Last updated Apr 3, 2026

Compare and contrast key facts about Teucrium Agricultural Strategy No K-1 ETF (TILL) and Breakwave Tanker Shipping ETF (BWET).

TILL and BWET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TILL is an actively managed fund by Teucrium. It was launched on May 16, 2022. BWET is a passively managed fund by Amplify that tracks the performance of the Breakwave Wet Freight Futures Index. It was launched on May 3, 2023.

Performance

TILL vs. BWET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Agricultural Strategy No K-1 ETF (TILL) and Breakwave Tanker Shipping ETF (BWET). The values are adjusted to include any dividend payments, if applicable.

TILL vs. BWET - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TILL Teucrium Agricultural Strategy No K-1 ETF	8.82%	-5.97%	-13.98%	-3.01%
BWET Breakwave Tanker Shipping ETF	585.25%	96.22%	-39.21%	15.94%

Returns By Period

In the year-to-date period, TILL achieves a 8.82% return, which is significantly lower than BWET's 585.25% return.

TILL

• 1D: -0.17%
• 1M: 4.82%
• YTD: 8.82%
• 6M: 6.30%
• 1Y: -0.98%
• 3Y*: -5.59%
• 5Y*: —
• 10Y*: —

BWET

• 1D: 13.49%
• 1M: 107.89%
• YTD: 585.25%
• 6M: 848.06%
• 1Y: 1,120.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TILL vs. BWET - Expense Ratio Comparison

TILL has a 0.89% expense ratio, which is lower than BWET's 3.50% expense ratio.

BWET

Breakwave Tanker Shipping ETF

TILL

Teucrium Agricultural Strategy No K-1 ETF

Return for Risk

TILL vs. BWET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TILL

TILL Risk / Return Rank: 9
TILL Sharpe Ratio Rank: 10
TILL Sortino Ratio Rank: 8
TILL Omega Ratio Rank: 9
TILL Calmar Ratio Rank: 9
TILL Martin Ratio Rank: 9

BWET

BWET Risk / Return Rank: 99
BWET Sharpe Ratio Rank: 100
BWET Sortino Ratio Rank: 99
BWET Omega Ratio Rank: 98
BWET Calmar Ratio Rank: 99
BWET Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TILL vs. BWET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Agricultural Strategy No K-1 ETF (TILL) and Breakwave Tanker Shipping ETF (BWET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TILL	BWET	Difference
Sharpe ratio Return per unit of total volatility	-0.09	13.23	-13.32
Sortino ratio Return per unit of downside risk	-0.04	6.52	-6.56
Omega ratio Gain probability vs. loss probability	1.00	1.97	-0.97
Calmar ratio Return relative to maximum drawdown	-0.07	38.88	-38.95
Martin ratio Return relative to average drawdown	-0.12	109.91	-110.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TILL vs. BWET - Sharpe Ratio Comparison

The current TILL Sharpe Ratio is -0.09, which is lower than the BWET Sharpe Ratio of 13.23. The chart below compares the historical Sharpe Ratios of TILL and BWET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TILL	BWET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	13.23	-13.32
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	1.78	-2.32

Correlation

The correlation between TILL and BWET is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

TILL vs. BWET - Dividend Comparison

TILL's dividend yield for the trailing twelve months is around 4.56%, while BWET has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
TILL Teucrium Agricultural Strategy No K-1 ETF	4.56%	4.97%	2.55%	51.24%	0.73%
BWET Breakwave Tanker Shipping ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TILL vs. BWET - Drawdown Comparison

The maximum TILL drawdown since its inception was -33.76%, smaller than the maximum BWET drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for TILL and BWET.

Drawdown Indicators

	TILL	BWET	Difference
Max Drawdown Largest peak-to-trough decline	-33.76%	-56.90%	+23.14%
Max Drawdown (1Y) Largest decline over 1 year	-9.94%	-28.84%	+18.90%
Current Drawdown Current decline from peak	-26.97%	0.00%	-26.97%
Average Drawdown Average peak-to-trough decline	-21.15%	-24.68%	+3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	10.20%	-3.87%

Volatility

TILL vs. BWET - Volatility Comparison

The current volatility for Teucrium Agricultural Strategy No K-1 ETF (TILL) is 5.78%, while Breakwave Tanker Shipping ETF (BWET) has a volatility of 52.17%. This indicates that TILL experiences smaller price fluctuations and is considered to be less risky than BWET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TILL	BWET	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.78%	52.17%	-46.39%
Volatility (6M) Calculated over the trailing 6-month period	8.55%	74.62%	-66.07%
Volatility (1Y) Calculated over the trailing 1-year period	11.56%	85.60%	-74.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.64%	65.70%	-51.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.64%	65.70%	-51.06%